Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2022

Schedule of Reconciliation of Ordinary Shares Subject To Possible Redemption

The ordinary shares subject to possible redemption reflected on the condensed balance sheets as of June 30, 2022 and December 31, 2021 is reconciled in the following table:


Gross proceeds	$	230,000,000
Less:
Class A ordinary shares issuance costs		(21,834,402	)
Fair value of Public Warrants at issuance		(5,784,500	)
Plus:
Remeasurement of carrying value to redemption value		29,918,902
Accretion of Class A ordinary shares subject to redemption		85,071

Class A ordinary shares subject to possible redemption	$	232,385,071

Schedule of Income (Loss) Per Share, Basic and Diluted

A reconciliation of the income (loss) per share is below:


	For The Three Months Ended June 30, 2022		For The Three Months Ended June 30, 2021			For The Six Months Ended June 30, 2022		For The Period From March 5, 2021 (Inception) Through June 30, 2021
Redeemable Class A Ordinary Shares
Numerator: Net income allocable to Redeemable Class A Ordinary Shares	$	4,939,514	$	—		$	7,979,317	$	—
Denominator: Weighted Average Shares Outstanding, Redeemable Class A Ordinary Shares		23,000,000		—			23,000,000		—

Basic and diluted net income per share, Class A subject to possible redemption	$	0.21	$	—		$	0.35	$	—

Non-Redeemable Class B Ordinary Shares
Numerator: Net income (loss) allocable to non-redeemable Class B Ordinary Shares	$	1,234,878	$	(18,563	)	$	1,994,829	$	(31,101	)
Denominator: Weighted Average Non-Redeemable Class B Ordinary Shares		5,750,000		5,000,000			5,750,000		5,000,000

Basic and diluted net income(loss) per share, Class B non-redeemable ordinary shares	$	0.21	$	—		$	0.35	$	(0.01	)